1309 S Mesa St Los Angeles, CA 90731
5
Beds
7
Baths
4,102
Sq Ft
4,500
Sq Ft Lot
About This Home
As of August 2021The subject property was built in 1912 and consists of 4,102 SF of living space situated on a 4,500 SF lot. The said offering features a unit mix consisting of(2) 2-bed/1-bath and (5) studio units. The property is located within walking distance to the Main Channel Waterfront, S Pacific Ave Retail & Dining, and 22nd Street Park. With over 100% in upsiderent potential, this property is an ideal value-add opportunity for any investor.
Last Agent to Sell the Property
Global Platinum Properties, Inc. License #01846872 Listed on: 03/23/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,264
Year Built
- Built in 1912
Parking
- On-Street Parking
Home Design
- 4,102 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 7 Bathrooms
Utilities
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
Additional Features
- Oven or Range
- 4,500 Sq Ft Lot
Community Details
- 2 Buildings
- 7 Units
Listing and Financial Details
- Assessor Parcel Number 7456-015-028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 2, 2021
Sold by
Kohan Hersel and Gozini Mahnaz
Bought by
Broadway Systems Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$597,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Listed on
Oct 29, 2020
Closed on
Dec 21, 2020
Sold by
Norman Patricia and Erwin James
Bought by
Kohan Hersel and Gozini Mahnaz
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
List Price
$985,000
Sold Price
$750,000
Premium/Discount to List
-$235,000
-23.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$637,500
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 28, 2017
Sold by
Erwin Gwen
Bought by
Erwin Gwen and Gwen Erwin Trust
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $995,000 | Stewart Title Of California | |
| Grant Deed | $750,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $335,000 | New Conventional | |
| Previous Owner | $597,000 | Commercial | |
| Previous Owner | $637,500 | Commercial | |
| Previous Owner | $330,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2021 08/24/21 | Sold | $995,000 | 0.0% | $243 / Sq Ft |
| 05/06/2021 05/06/21 | For Sale | $995,000 | 0.0% | $243 / Sq Ft |
| 04/09/2021 04/09/21 | Pending | -- | -- | -- |
| 03/27/2021 03/27/21 | Pending | -- | -- | -- |
| 03/23/2021 03/23/21 | For Sale | $995,000 | +32.7% | $243 / Sq Ft |
| 12/23/2020 12/23/20 | Sold | $750,000 | -23.9% | $183 / Sq Ft |
| 11/04/2020 11/04/20 | Pending | -- | -- | -- |
| 10/29/2020 10/29/20 | For Sale | $985,000 | -- | $240 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,264 | $1,055,901 | $695,091 | $360,810 |
| 2024 | $13,264 | $1,035,198 | $681,462 | $353,736 |
| 2023 | $13,018 | $1,014,900 | $668,100 | $346,800 |
| 2022 | $12,433 | $995,000 | $655,000 | $340,000 |
| 2021 | $9,620 | $750,000 | $400,000 | $350,000 |
| 2020 | $1,504 | $58,668 | $23,284 | $35,384 |
| 2019 | $1,476 | $57,519 | $22,828 | $34,691 |
| 2018 | $1,450 | $56,392 | $22,381 | $34,011 |
| 2016 | $1,311 | $54,205 | $21,513 | $32,692 |
| 2015 | $1,302 | $53,391 | $21,190 | $32,201 |
| 2014 | $1,322 | $52,346 | $20,775 | $31,571 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Armin Soleimani
Global Platinum Properties, Inc.
(310) 666-2246
1 in this area
57 Total Sales
-
Seller Co-Listing Agent in 2021
Julio Ruiz
Global Platinum Properties, Inc.
(818) 524-0706
1 in this area
45 Total Sales
-
Seller's Agent in 2020
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
7 in this area
143 Total Sales
-
Seller Co-Listing Agent in 2020
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
7 in this area
152 Total Sales
Map
Source: The MLS
MLS Number: 21-709144
APN: 7456-015-028
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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